SPY Model Signal : Buy / Sell

September 30, 2017

The September Equity Market is now in the books

Since the model closed September comfortably above its 200-day simple moving average, if you follow the model, by rule, you would continue to hold your position in SPY ( S&P 500 ETF ) until the close of October.

Your theoretical investment in SPY which started at 1 million (4,905 shares ) had a value of  $1,096,413 on December 31, 2017.  Its present value  is $ 1,232,283.  Your unrealized paper profit since December 31, 2017, is $135,868 excluding dividends ( yield 1.90% ).

Appreciation has been 12.39% since January 1. and,  comparing this return to what you can get in a savings account or CDs or the 10 year Treasury is no contest….except for the Market RISK you must bear versus whatever Specific risk you may have in your alternative investments.

I’ve been doing this since August 2010 as a service for friends and people who have retired with a 401K and have very little experience in surviving on Wall Street.  I don’t give guidance, but I allow you to look over my shoulder to see what I see based on a formal education which consists of an undergraduate degree in Economics, a graduate degree in International Finance , five years  in the Overseas Division of  Citibank which included a 2 year stint on the Middle East and African Desks at 55 Wall Street, and a 2 year stint as an officer at Citibank’s Johannesburg subsidiary.

I don’t have a license to give advice and I don’t want one because I am beyond using this web site to make fees or commissions by giving advice or handling investment money

BUT, it would be interesting to know how many of you, if any,  find this blog helpful.  My nephew, who is a website designer, tells me that almost anyone who has commented on this blog has done so to create a link which would serve their own web interest.  So, I’m in the dark on whether or not anyone even reads this blog or finds it helpful.

You can get a better idea of SPY model rules and historical performance by consulting the blog which precedes this indicating the action dictated by the model for September 2017.

Richard Maurice Gore


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